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Qlink (QLC)

ICO

To better satisfy market and consumer needs, Qlink will strive to develop an innovative platform which integrates blockchain and is deployed on a decentralized network. Qlink will build a more transparent and trustworthy international data and digital content billing platform that will benefit users, carriers, digital content distributors and IoT companies globally.

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Overview

Project industryInternet & Telecommunications
Product typePlatform
WhitepaperQlink White Paper Open

Technical details

The network core layer is blockchain, which includes both the Public Chain and the Qlink Chain.The Public Chain will be used to register telecom assets and assign them a digital identity. Digital identity is the unique information used to represent a telecom asset an on Qlink network. Once this information is generated it cannot be changed. Qlink uses the NEO blockchain for telecom asset registration.The Qlink Chain has two primary functions. Firstly, it keeps a record of transactions between asset owners and users on a ledger, and secondly, it deploys and executes smart contracts.A Qlink smart contract is an algorithmic contract deployed between users and telecom assets, establishing trading rules and automatically executing transactions through code.

What is Qlink

Qlink aims to build the world’s first decentralized mobile network, which will extend network coverage, reduce the cost of telecom infrastructures, and reward users for sharing unused network assets.

By utilizing blockchain technology, Qlink applies digital identities to telecom assets, repackages those assets, and records the usage footprint of each asset to a distributed ledger. Additionally, Qlink aims to launch applications designed to allow peer-to-peer sharing of assets, including Wi-Fi, mobile data access, and enterprise-to-peer SMS.

While improving the efficiency of existing networks, Qlink plans to launch its custom base stations, including a model suitable for vehicle installation. By utilizing the idle resources of network equipment, these base stations will allow users to become a part of the cryptoeconomy, and at the same time create a decentralized solution to cover network black spots.

Qlink has assembled a team of seasoned telecom and blockchain developers, along with experienced business and marketing professionals. Allen Li, founder of Qlink, previously founded Youyou Mobile (invested by Alibaba Capital), which is a leading mobile data distributor in China and Southeast Asia, and has partnered with 40 telecom operators around the world to provide mobile data services to 6 million customers. Qlink’s R&D team has spent last four years working for Youyou Mobile, and developed the company's first virtual SIM card bank.

Details

Pre-sales: Nov 27, 2017 - Dec 06, 2017
Public sales: Dec 19, 2017 - Jan 19, 2018
Token supply: 600,000,000 QLC
Total tokens for sale: 240,000,000 QLC
Soft cap: 3,500,000 USD
Hard cap: 15,000,000 USD
Raised: 32,000,000 USD

Legal

Blockchain Platform: NEO
Country limitations: China, Singapore, United States

Token info

Ticker: QLC
Type: Utility-token
Token price in USD: 1 QLC= 0.1 USD
Accepted currencies: ETH, NEO
Bonus program:
10,000 ETH (Strategic Investor) - 30%
30,000 ETH (Presale Bonus) - 10%
Token distribution:
40% (240M) - Launch participants (224M), community bonding, token sale related marketing and bounty campaings (16M).
20% (120M) - Qlink development team and advisors (Tokens to team and advisors are released over a 3-year vesting period).
40% (240M) - Held as a provision for partnerships, marketing, strategic initiatives, and future QLC expenses.

Qlink Roadmap

1
2016 Q2-Q4

- Developed BOSS System
- Deployed virtual SIM architecture for mobile data distribution
- Completed the test on Ethereum
- Completed feasibility study of mobile data billing based on DAG
- Developed initial concept of telecom service billing on blockchain

2
2017 Q1-Q3

- Completed proof of concept
- Completed 1st draft of white paper
- Completed feasibility study on various public chains
- Transferred virtual SIM platform to Ethereum
- Completed SMS billing smart contract on Ethereum

3
2017 Q4

- Complete SMS & Wi-Fi MVP
- Launch P2P protocol
- Launch smart contract for SMS & Wi-Fi sharing

4
2018 Q1

- Launch SMS & Wi-Fi product
- Launch SDK of P2P protocol
- Integrate with IPFS
- Launch Wi-Fi billing smart contract

5
2018 Q2

- Publish SMS/Wi-Fi SDK
- Publish mobile data & content distribution MVP
- Launch mobile data billing smart contrac

6
2018 Q3

- Publish telecom public chain trial network and cross-chain protocol
- Publish Qlink wallet trial version
- Publish Qlink Gateway
- Publish Qlink Chain smart contract API
- Nurture the Qlink Chain community
- Partner with Wi-Fi operators and register Wi-Fi as a digital asset on Qlink Chain

7
2018 Q4

- Work with car manufactures to launch basestations
- Open the access to individual users to operate their own network
- Partner with telecom cloud services to register their telecom assets to the Qlink Chain
- Partner with virtual operators to register their telecom assets to the Qlink Chain
- Publish telecom public chain (Qlink Chain)
- Publish Qlink Wallet
- Update development guideline
- Launch Qlink Basestation

Project team

Susan Zhou
Susan Zhou
CO-FOUNDER & COO
Susan Zhou linkedin
Toya Zhang
Toya Zhang
HEAD OF MARKETING & PR
Toya Zhang linkedin
Roger Lim
Roger Lim
HEAD OF INVESTOR RELATION
Roger Lim linkedin
Tony Gu
Tony Gu
HEAD OF STRATEGY
Tony Gu linkedin
Allen Li
Allen Li
CHIEF ARCHITECT
Allen Li linkedin
Owen Wang
Owen Wang
CORE DEVELOPER
Owen Wang linkedin
Chris Zhao
Chris Zhao
CORE DEVELOPER
Chris Zhao linkedin

Advisors

LI Wei
LI Wei
Founder of PineVC
XIE Shihuang
XIE Shihuang
Co-founder of Alibaba
Leo Wang
Leo Wang
PreAngel Fund Founder
Josh Dai
Josh Dai
Former CTO of bitmain
ZHENG Zuo
ZHENG Zuo
Partner of HongQiao Capital, early Blockchain capital investors. Angel investor of InkChain
LU Hongliang
LU Hongliang
Founders of UT-Starcom
WANG Zuguang
WANG Zuguang
Ex-senior research at Bell Lab, Founding Partner in UTStarcom

Social media

Qlink web-siteQlink MediumQlink TelegramQlink X (Twitter)Qlink Github

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